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Oldfield Road, London Colney, St. Albans

East of England

£495,000

Listed on 23/06/2026

Property details

Bedrooms
3
Type
Terraced
Area
1005 sqft

Description

This well-proportioned three-bedroom mid-terrace house from the 1950s is situated in the desirable village of London Colney, presenting a noteworthy opportunity for renovation and expansion. The property features promising potential for both front and rear extensions, subject to necessary planning permissions. Available with no onward chain, it offers a great chance for buyers looking to add value through renovations. Upon entry, you're greeted by a spacious hall leading to the main living areas, complete with stairs that ascend to the upper level. The lounge boasts an appealing large front window and a classic fireplace that serves as a centerpiece. At the back, a spacious kitchen/dining area is fitted with modern cabinetry and windows that overlook the garden. Adjacent to this is an inner lobby that opens onto the garden via double doors while also providing access to a convenient ground floor WC and a small study area—perfect for remote work. A secure covered passageway connects the front of the home. Upstairs, you will find two generous double bedrooms (one with built-in wardrobes) along with a comfortable third bedroom featuring additional storage space. The family bathroom comes equipped with essential fixtures, including a bath with shower over, wash basin, and WC. Externally, the property benefits from off-street parking on a block-paved driveway and includes a private rear garden primarily laid to lawn but featuring a laid-out patio perfect for gatherings; there's also a storage shed available. A gate provides easy access to nearby parkland. Located close to local amenities such as shops and transport links, including access to major roadways and public transport routes to St Albans City station with direct connections to London’s St Pancras International, this home is ripe for renovation or investment.

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Investment analysis

(AL2 area)

Below Market Value

This property is priced -4.5% below area average per sq ft

-4.5%
Potential saving
This Property
£493/sq ft
Area Average
£516/sq ft
Avg Rent (weekly)
£561
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£570,383
10% above area average per sq ft
Potential ROI
+6.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (AL2)

Area prices are stable by -1.4% over the last 12 months
3 year growth: -6.9%
5 year growth: +5.1%
Investment Disclaimer: Analysis based on AL2 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Oldfield Road, London Colney, St. Albans
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,870
Based on a loan of £371,250 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

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